Trump, Powell and interest rates
Digest more
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.
8h
24/7 Wall St. on MSNPowell Won't Give Trump What He WantsSo Powell, head of the Federal Reserve, Donald Trump is doing everything he can to get the guy out because Donald Trump wants to see interest rates come down faster because he thinks it, you know, it’s good for the economy.
As speculation swirled Wednesday that President Trump might fire Federal Reserve Chair Jerome Powell, investors scrambled to adjust their strategies, despite Trump later downplaying the possibility, Bloomberg News reported Sunday.
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Trump lickspittle House Speaker Mike Johnson's flawed logic on why Fed Chair Jerome Powell should lower interest rates was even too much for the Trump lickspittle interviewing him... CNBC's Joe Kernan.
4d
Explícame on MSNTrump cannot fire Powell over interest rate disagreements, but there's a possibilityThe relationship between President Donald Trump and Federal Reserve Chair Jerome Powell has been fraught with tension, primarily due to Trump's criticism of the Fed's monetary policy.
President Donald Trump remains displeased by the Fed's decision to hold interest rates steady.
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.